BWP Trust reports 3.6% rise in total income for 2H 2022
Australian REIT BWP Trust reported on 8 February that its total income for the half-year ended 31 December 2022 was…
Arena REIT upbeat on prospects given record female workforce participation
Arena REIT has struck an optimistic note on its prospects in the near future, given the record female workforce participation…
Charter Hall Long WALE REIT acquires 25% stake in Geoscience Australia property
Charter Hall Long WALE REIT has acquired a 25% interest in the asset occupied by Geoscience Australia in Canberra. The…
Australian REITs better prepared now compared to 2008 crisis, says S&P Global
Rising interest rates will pose headwinds for Australian REITs but the sector is largely better prepared for financial calamities when…
Arena REIT announces 8.4% rise in operating profit for 2022
Arena REIT has announced a net operating profit of AUD56 million for its FY 2022. This represents an increase of…
Vicinity Centres establishes inaugural green bond programme
Vicinity Centres has established its inaugural green bond programme with the issuance of AUD300 million of six-year AUD-denominated medium term…
GPT Group disposes stake in Casuarina Square at discount to book value
Joint owners GPT and the GPT Wholesale Shopping Centre Fund (GWSCF) have exchanged contracts for the sale of Casuarina Square.…
Vicinity Centres disposes stake in Queensland asset at 18% premium
Vicinity Centres is disposing of a 50% interest in Runaway Bay Centre in Queensland. The stake is being sold to…
S&P downgrades outlook on GPT in wake of AUD681 million acquisition
S&P Global Ratings has downgraded its outlook on GPT Group to negative, following the REIT’s revelation that it is acquiring…
GPT Group ups exposure to logistics segment with AUD681 million buy
GPT Group is further rebalancing its portfolio into the logistics segment with its latest acquisition from Ascot Capital.